Budget Briefs

Budget Briefs

Budget Briefs


Glossary for the Federal Budget
Print
( categories: )

Federal Budget Timeline

 
The annual budget process, or appropriations process, mainly concerns only one-third of the
( categories: )

On Budget, Off Budget Federal Spending

( categories: )

Federal Spending

Federal spending is more than $2 trillion a year and makes up more than half of total government spending in the United States.

( categories: )

Federal Revenues

Total federal revenues for fiscal year 2005 amounted to $2 trillion. The largest portion, 44%, was from individual income taxes.

( categories: )

Federal Discretionary and Mandatory Spending

( categories: )

Federal Deficit, Surplus, and National Debt

With a national debt of about $8 trillion, it is clear why this issue has assumed such political and economic significance.

( categories: )

Federal Funds and Trust Funds

The federal budget consists of two major groups of funds:
trust funds and federal funds. "Trust funds" are designated as such by

( categories: )